MicroStrategy Selected by LHS Aktiengesellschaft, Part of the Ericsson Group, to Support its Management Information System
Global Reporting with Key Performance Indicators Provides Valuable Insights into Business Performance
McLean, Va., (September 16, 2009) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that LHS Aktiengesellschaft selected the MicroStrategy Business Intelligence Platform to support its management information system. LHS, part of the Ericsson Group with 17 subsidiaries in 11 countries, is a leading independent software vendor (ISV) of billing and customer care systems in the telecom industry.
LHS plans to replace its internal Excel-based reports and ad hoc analyses with an integrated and scalable MicroStrategy BI solution. LHS management and the finance department will use MicroStrategy-based dashboards and reports to gain easier and more reliable access to financial and performance data. In addition to providing an overview of business performance, the dashboards and reports will track individual project figures. These figures will be consolidated and managed in a set of worldwide Key Performance Indicators (KPIs), which will provide a consistent set of data across the business using MicroStrategy’s central metadata architecture. MicroStrategy’s intuitive Web-based interface will provide flexibility for LHS users on four continents worldwide to create their own reports and analyses, and help them identify issues in their local business areas.
“After performing an extensive vendor analysis, we are confident that we have selected a BI platform that will provide us with a strong basis for our reporting,” stated Axel Barta, CFO of LHS Aktiengesellschaft. “Reducing the large number of sources for our KPI system will allow us to make quicker and more strategic decisions. MicroStrategy offers clear value with its straightforward, self-service interface. Reports can be created by the users, which reduces the overall costs of the BI system.”
“We are pleased that LHS Aktiengesellschaft selected MicroStrategy’s integrated BI platform to support its global reporting requirements,” said Sanju Bansal, MicroStrategy COO. “MicroStrategy’s highly visual dashboards and reports provide vital information that can help companies manage performance in today’s highly competitive business environment.”
About LHS
LHS Aktiengesellschaft, part of the Ericsson Group (NASDAQ:ERIC), is a leading independent software vendor (ISV) of billing and customer care systems in the telecom industry. The company’s award-winning solutions are used by the world’s leading network and virtual operators, to generate and manage consistent revenue streams. LHS Business Support Systems offer full convergence on various levels, supporting the complete range of business models both across the mix of fixed and mobile services, as well as prepaid and postpaid services. LHS builds innovative systems that enable our customers to introduce new services fast, helping drive revenues up, while keeping operational costs to a minimum. LHS’ headquarters are located in Frankfurt, Germany, with main offices in Brazil, France, Malaysia, and the UAE. LHS Aktiengesellschaft as the Group’s Holding company is a public company listed on the Frankfurter Stock Exchange (LHS400).For more information, please visit www.lhsgroup.com
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy